Sample Indemnification Clause
Where can I find sample indemnification clauses? The local library is a good place to start. The library has free computers so you can get online. The inter net is a excellent form of information. On the other hand, you can call the local directory . They can give you phone numbers to companies that may specialize in the area you need. Learn more on this web site www.navref.org.
Posted by angeewcolonel on 9/5/2009
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Every indemnification clause is different so read it carefully. Don't assume that it is "standard" or "fair."; ... Here is some sample indemnification language from one our a SEOmoz Agreements:
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Merger and Integration Clause ... The purpose of a merger and integration clause is to prevent the parties to a contract from later claiming that the contract does not reflect their entire understanding, was changed by a subsequent oral agreement, or is not consistent with prior agreements: ... Indemnification Language...
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CLAUSE: Indemnification and Hold Harmless ... At its most basic, an indemnification clause says: “If you get in trouble because of something I did, I'll bail you out.” Indemnification is a way of making sure that the liability ultimately falls to the person who is responsible for the damage or loss.
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'Indemnification clauses' article ©1996 THE FIRM® Jacobson & Colfin, P.C.. Attorneys. Located on 5th Ave and 20th St in NYC, in the heart of the fashion district. Artist homepages, articles on entertainment law, Gold and Platinum awards and more..... ... Quite often, an indemnification clause will be mutual,
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ASAE's General Counsel, Jerry Jacobs, Esq., offers a sample indemnification clause that holds the vendor responsible if there are third party infringement claims made against the association in connection with services provided by the vendor.
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1. Language stating that the parties intend for the indemnification to be a “Type III” indemnity clause. ... Here is a sample clause that will provide for indemnification based on the degree of each party’s liability”...
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2. Indemnification Obligation. ... and (ii) if a Change in Control shall have occurred and Indemnitee shall not have requested that the Standard of Conduct Determination be made pursuant to clause (i), by Independent Counsel in a written opinion addressed to the Board, a copy of which shall be delivered to Indemnitee.
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The Corporation shall not be entitled, without the consent of the Indemnitee, to assume the defense of any claim brought by or in the right of the Corporation or as to which counsel for the Indemnitee shall have reasonably made the conclusion provided for in clause (ii) above. ... Home: Sample Business Contracts:
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What is an Indemnification Provision and Agreement? ... What is an Indemnification Provision and Agreement? An Indemnification Provision and Agreement are used in tandem to provide extremely valuable additional protections to Officers, Directors, Employees and other Agents of the corporation.
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